India can tide over economic crisis: Kamal Nath

Stating that India with its strong economic fundamentals could tide over the current global financial crisis, Commerce and Industry Minister said the country received FDIs worth $2.25 bn and $2.32 bn in July and August. Do you think Indian economy is heading for recession?

Stating that India with its strong economic fundamentals could tide over the current global financial crisis, Commerce and Industry Minister Kamal Nath Wednesday said the country received foreign direct investments (FDI) worth $2.25 billion and $2.32 billion in July and August respectively.